£303,423
This estimated value is based upon the latest sale price for the house of £238,000 on 31 Jul 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£238,000 | 31 Jul 2017 |
£190,000 | 2 Feb 2007 |
£179,950 | 17 Oct 2003 |
Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 sq feet |
This model uses changes in the Official Land Registry House Price Index for WORCESTERSHIRE to estimate the market value.
When this house was purchased in July 2017 the House Price Index for WORCESTERSHIRE was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £238,000 results in an estimated price of approximately £303,423.
31 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £238,000 | £65,423 | £303,423 |
The Postcode Pricing Model uses changes in average sales price within the DY10 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 37.624 % | £89,546 | £327,546 |
3 Month Average | 36.770 % | £87,512 | £325,512 |
6 Month Average | 34.781 % | £82,778 | £320,778 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £136,655 | £135,000 | FLAT 7 31 RAY MERCER WAY |
7 Jun 2023 | £101,226 | £100,000 | FLAT 1 29 RAY MERCER WAY |
28 Feb 2023 | £102,931 | £103,000 | FLAT 11 29 RAY MERCER WAY |
10 Nov 2022 | £1,664,834 | £1,685,000 | 99 COMBERTON HILL |
24 Oct 2022 | £299,772 | £303,000 | 48 RAY MERCER WAY |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 12 Apr 2013. Using an estimated price of £303,424 means this house is valued at £2,446 per sq meter (£227 per sq foot).
The average size of a house on RAY MERCER WAY is 71 sq meters (773 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Auction Place |
Mar 2024 | Anti-social behaviour | On or near Auction Place | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Auction Place |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Auction Place |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Auction Place |